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Producer Manufacturing

Fuji Electric Co., Ltd.

Business Summary

Fuji Electric Co., Ltd. engages in the manufacture and sale of electronics, semiconductors, circuits, and control systems. It operates through the following segments: Power Electronics Systems- Energy Solutions, Power Electronics Systems-Industry Solutions, Power and New Energy, Electronic Devices, and Food & Beverage Distribution, and Others. The Power Electronics Systems- Energy Solutions segment deals with electric power distribution, industrial power supply, data center, and energy management. The Power Electronics Systems-Industry Solutions segment provides inverters, motors, factory automation components, measuring instruments, sensors, drive control systems, railway vehicles, radiation equipment, and information systems. The Power and New Energy segment includes thermal, geothermal, solar, wind, fuel cell, and hydraulic power generation facilities. The Electronic Devices segment supplies power semiconductors and disk media to the industrial, new energy, and automotive fields. The Food and Beverage Distribution segment deals with food and beverage vending machines, retail distribution systems, showcases, and eco-friendly stores. The Others segment includes financial services, real estate, printing and information service, insurance agency, and travel businesses. The company was founded on August 29, 1923 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit276,451M2,039.96M
Operating income88,415M652.42M
Income before tax95,746M706.52M
Net income61,349M452.70M
Diluted EPS429.503.16
Dividends Per Share1150.84
Total Assets1,181.55B8,877.84M
Total liabilities609,481M4,579.46M
Total equity517,092M3,885.28M
Operating cash flow116,163M857.18M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 914,915M 900,604M 875,927M 910,226M 1,009.44B
Gross Profit 239,127M 224,628M 225,376M 256,467M 276,451M
Operating income 59,453M 42,457M 48,082M 74,241M 88,415M
Income before tax 62,287M 43,860M 63,284M 88,487M 95,746M
Net income 40,268M 28,793M 41,927M 58,661M 61,349M
EBITDA 90,982M 75,534M 85,129M 115,038M 134,353M
Diluted EPS 281.88 201.56 293.51 410.67 429.50
Dividends Per Share 80 80 85 100 115
Total Assets 952,659M 996,827M 1,051.95B 1,117.11B 1,181.55B
Total liabilities 560,595M 590,821M 590,696M 593,378M 609,481M
Total equity 352,922M 365,620M 416,997M 472,900M 517,092M
Operating cash flow 54,949M 46,087M 26,931M 76,809M 116,163M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 8,250.30M 8,283.26M 8,258.98M 8,100.06M 7,448.83M
Gross Profit 2,156.34M 2,066.00M 2,125.03M 2,282.28M 2,039.96M
Operating income 536.12M 390.49M 453.35M 660.66M 652.42M
Income before tax 561.67M 403.40M 596.69M 787.44M 706.52M
Net income 363.11M 264.82M 395.32M 522.02M 452.70M
EBITDA 820.43M 694.72M 802.66M 1,023.71M 991.40M
Diluted EPS 2.54 1.85 2.76 3.65 3.16
Dividends Per Share 0.72 0.73 0.80 0.88 0.84
Total Assets 8,606.93M 9,233.72M 9,519.92M 9,203.80M 8,877.84M
Total liabilities 5,064.77M 5,472.84M 5,345.66M 4,888.79M 4,579.46M
Total equity 3,188.52M 3,386.78M 3,773.72M 3,896.18M 3,885.28M
Operating cash flow 495.50M 423.88M 253.92M 683.52M 857.18M

Valuation Measures

Mar 2023
Operating margin8.75%
Profit margin6.07%

Key executives

  • Chairman & Chief Executive Officer: Michihiro Kitazawa
  • Executive President, COO & Representative Director: Shiro Kondo
  • General Manager-Technology & Development: Shiro Kondo
  • Director & Head-Compliance: Junichi Arai
  • Executive Officer & General Manager-Sales: Susumu Shinmura


  • Nomura Asset Management Co., Ltd. (4.6%)
  • Fuji Electric Co., Ltd. (4.3%)
  • Asset Management One Co., Ltd. (3.6%)
  • Asahi Mutual Life Insurance Co. (2.6%)
  • Nikko Asset Management Co., Ltd. (2.2%)
  • The Vanguard Group, Inc. (2.2%)
  • Daiwa Asset Management Co. Ltd. (2.1%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (2.0%)
  • Norges Bank Investment Management (1.9%)
  • FANUC Corp. (1.7%)

Contact Details

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Last Updated on 5 Jun, 2023

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